Application Security Market Overview and Forecast Analysis up to 2024
Organizations have enormous data repositories which need to be protected from threats. During the implementation of a robust security plan, businesses have to adopt rigorous security systems. Application security includes identifying, rectifying, and securing the security loopholes or stopping malicious attacks, throughout a particular code’s life cycle. In simple terms, application security is the use of a set of software, hardware, and other means to protect an application from external attacks or threats. Application security helps bridge the gaps within the security system of enterprise applications. The application security systems mitigate or reduce the security risks involved in the operation of various applications such as mobile and web applications.
Usage of smartphones has increased rapidly in a span of a decade; with the increase in smartphones adoption there is a high penetration of smartphone-supported applications. Protection of these applications has become vital and application security solutions are used for the purpose. Growing risk factors for mobile-based applications have increased the security needs for applications. Applications which include monetary transactions have confidential information such as account details and all the banking and the login details of the application user. Due to the rapid growth of monetary-transactions-based applications, security has become vital.
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Application security software enables the protection of sensitive data stored within various applications. Application security systems are essential in the banking sector to protect the crucial credentials of the bank’s data. Rapid growth in the number of Internet of Things (IoT) based applications has been a supporting factor for the growth of the application security market. Growing concerns related to the security breaches of business applications is also expected to give rise to application security systems. Hybrid analysis or interactive application security testing (IAST), which gives competitive advantages such as the detection of false inputs and identifying breaches of security code has also increased over a period of time.
These prove to be some of the most influential driving forces to application security market. With increasing malicious attacks on consumer applications in various sectors, the demand for the application security market is anticipated to rise during the forecast period. Increasing security needs have forced the major software and services companies to invest in application security systems. One of the restraints on this market could be the growing competition among the information and technology companies, which makes the application security market highly competitive. The growth of mobile applications in the recent past is viewed as a trend in the application security market.
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Two major components of application security are services and solutions. Managed services and professional services are among the types of application security services. Mobile application security and web application security are two types of solutions of application security systems. Furthermore, on-premise and cloud-based are two types of deployment for application security software. Small, medium, and large enterprises are involved in the adoption of application security. Education, banking and insurance services, retail, government, energy, hospitality, and media and entertainment are some of the end-use industries of the application security market.
Some of the major players in the application security market are IBM Corporation, Hewlett Packard Enterprise, Veracode, Cigital, Inc., WhiteHat Security, Inc., Inc., Trustwave Holdings, Inc., Qualys, Inc., Acunetix Ltd., Checkmarx Ltd, and Rapid7, Inc.
Archiving Software Market Opportunity Assessment and Forecast up to 2024
A rapidly growing information and technology sector has increased the importance of data and document management. Managing and maintaining data such as e-mails, photos, and financials along with survey data and voicemails is a tedious task for any organization. Furthermore, inactive data occupies a huge part of storage space from the primary storage system. Inactive data is the data that is not required immediately but could be required in the future by the organization. The process of moving such nonactive data to a separate storage device so that it could be recovered or retained after a long time is called archiving. To address the archiving concerns, many companies have introduced archiving software. Archiving software manages and controls archived data for users. The major advantage of using archiving software is the improved efficiency of storage infrastructure.
The intensive penetration of social media platforms such as Facebook, Twitter, and Instagram has led to the massive increase in data repositories. Demand for archiving software is increasing due to the necessity of managing these large data repositories. The need for data discovery is also generating demand for archiving software. Organizations are capturing a huge amount of data from sources such as security, business analytics, and other internal sources, which is further increasing the need for archiving software. Archiving software enables an organization to locate essential files with ease.
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Additionally, the primary driver of the archiving software market is the increased demand for data visibility and data management in information, communication, and technology companies. Archiving software’s storage optimization function and granularity are helping organizations manage data efficiently and avoid loss. The need for organizations to store data other than just emails has increased and archiving software caters to this essential need of businesses. The ability of the archiving software to search information by data types such as pdf and HTML is important for data sorting.
Archiving software can handle a wide range of data types, which makes it highly flexible among different industry verticals. The increasing number of archival software vendors has made the market highly competitive. The emergence of virtual archive software, eliminating the need for hardware setup is one of the growing trends in the archiving software market. Growing investments in emerging countries such as China and India are anticipated to further increase the competition in the archival software market.
On-premise and cloud-based are the two deployment methods used for the archiving software market. The archival software market is further divided in two segments according to enterprise size: small and medium enterprises (SMEs) and large enterprises. Telecommunication, information technology, banking and financial institutes, healthcare, and manufacturing are some of the industries that use archiving software for data management. The archiving software market is also divided into five regional segments: North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America.
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Some of the key vendors of archiving software are Waterford Technologies, EMC Corporation, NTP Software, Inc., ArcMail, CommVault Systems Inc., Iron Mountain Incorporated, ASG Technologies, Autonomy Corporation PLC, Archive Power Systems Inc., QStar Technologies, and Quantum Corporation.
Wheel Jack Market Segmentation Detailed Study with Forecast to 2027
The global wheel jacks market has experienced a healthy growth in recent years. This has resulted in the development of the market at a steady and moderate pace. The growth of the market can be primarily attributed to the growing awareness among the end users about the safety standards while driving a vehicle. Moreover, the strict implementation of these safety standards not only in the public lives but across multiple industries has also been quite helpful in the overall development of the global market.
The leading players in the global wheel jack market are increasingly concentrating on incorporating better and more innovative materials and technologies for improving the efficiency and effectiveness of the product. Such initiative is also expected to have a positive effect on the overall development of the global wheel jack market.
Some of the key insights about the global wheel jack market are given below:
- The use of wheel jacks and especially portable wheel jacks is huge across multiple industries. These wheel jacks find applications in several end-use industries such as aerospace, construction, mining, automotive, marine, and railways among others. The demands are quite varied from each of the individual industry, however, wheel jacks are more than capable of catering to all such varied demands.
- Within the global wheel jacks market, the leading players are striving to develop electric and pneumatic wheel jacks. This segment is expected to contribute significantly in terms of developing the market over the coming years of the forecast period. In the current market state, the segment of hydraulic wheel jacks is among the most popular segments of the global wheel jacks market. The growth of the segment is due to the growing preference of the customers to these hydraulic wheel jacks are that are easy to set up and do not involve intensive labor.
Global Wheel Jack Market: Introduction
Wheel jack is the device used to lift heavy equipment or heavy loads. Wheel jacks are available in several types in the market and are used for a variety of applications in diverse business segments. These include mechanical wheel jack, hydraulic wheel jack, electric wheel jack, and pneumatic wheel jack. Different types of wheel jacks are used in different industries such as aerospace, railways, construction, automotive, marine, and mining.
Global Wheel Jack Market: Competition Landscape
Lippert Components, Inc.
Incorporated in 1956, Lippert Components, Inc. develops and manufactures a wide range of products for recreational vehicles, marine industry, residential housing industry, and automotive vehicles. The company has 65 facilities situated in various countries including the U.S., Canada, Ireland, Italy, and U.K.
Horizon Global Corporation
Established in 1855, Horizon Global Corporation is a U.S based company engaged in design, manufacture, and distribution of a distinctive range of cargo management, custom engineered towing, and trailering products. The Horizon group has nine different brand offerings and jacks offered under its Bulldog and Fulton brand. The company operates through 67 facilities located in 21 countries and has more than 4,000 employees recruited across the globe. It has nine manufacturing facilities and a strong sales channel spread across the globe.
Curt Manufacturing LLC
Established in 1993, Curt Manufacturing LLC is located in Eau Claire, Wisconsin, the U.S. The company is primarily focused on development and manufacturing of towing products and truck accessories and custom made trailer hitches for all types of automotive vehicles from cars to commercial trucks. The company has manufacturing facilities in three different locations in the U.S. and around 1,000 associates spread across the globe to enhance its sales footprints in the market. The company has a hefty share in the regional market of the U.S and Canada and around 12 regional warehouses across these countries. Curt manufacturing LLC is a part of Curt group which includes brands such as LUVERNE, ARIES, RETRAC, and UWS.
Gray Manufacturing Company Inc.
Incorporated in 1952, Gray Manufacturing Company Inc. is located in Saint Joseph, Missouri, the U.S. The company is involved in designing, manufacturing, and distributing a variety of lifting equipment. The manufacturing facility of the company is located in Missouri, U.S. This vertically integrated manufacturing facility is dedicated to deliver American manufactured equipment to its customers. In 2015, the products of the company received ISO 9001: 2008 certification which enhanced the reputation of its products in the market.
Other prominent players operating in the global wheel jack market are Osaka Jack Co., Ltd., Tronair Inc., QuickJack, LLC, Vestil Manufacturing Corp., Whiting Corporation, Emerson Manufacturing, Dutton-Lainson Company, Jiaxing Datong Machinery Co., Ltd., Kubanzheldormash Co., and Hydro Systems KG.
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Global Wheel Jack Market: Dynamics
Long working life and economic operations adds to effectiveness
Hydraulic jacks are less likely to succumb to the rusting problem, providing them a longer working life, which lures customers looking for a long term solution for heavy lifting operations. Also, hydraulic jacks do not need any external mechanical force or external power supply for its operation which makes the use of jacks economical and a one man operation. Hydraulic jacks are anticipated to evolve as the best alternative for lifting operations performed in multiple industries due to their economic operation and reduced human effort.
Growth in automobile industry
The automobile industry all over the world is booming and this is expected to increase the sales of portable wheel jacks. Automobile production in China and Germany is increasing at a great pace every year and users of these automobiles need lifting jacks as a vehicle accessory. Demand for automobile vehicles is increasing globally which is likely to lead to a surge in sale of portable wheel jacks as even the basic repair and maintenance work requires lifting jacks. The jacks are highly effective in the process of repair and maintenance of rail guided vehicles and aircrafts. The increasing and booming railway industry and airplane transport industry automatically creates a huge potential customer base for portable wheel jacks.
Limited Slip Differential Market Size, Status and Forecast to 2027
Global Limited Slip Differential Market - Introduction
Limited slip differential is a type of automotive differential that functions as an open differential as well as locked differential. It prevents extra power from being allocated to one wheel. Limited slip differential offers better traction in off-road and snow conditions. Mostly, the limited slip differential functions as an open differential, and while driving in slippery conditions, it automatically locks and functions as a lock differential. The limited slip differential improves the driver’s control, enhances the vehicle’s power efficiency, delivers better traction control, and provides better cornering. It is largely preferred over the traditional automotive differential and is currently quite popular.
Global Limited Slip Differential Market - Competitive Landscape
- In 2017, at the Frankfurt Motor Show, GKN Plc presented an electric driveline concept for car that was claimed to be the world’s most advanced concept for electric driveline “Dubbed eTwinsterX”. The system fetches couple of technologies already commercialized by the company along with few key innovations. The technology has been made available for production vehicles of Range Rover Evoque and the Ford Focus RS. Moreover, the technology also produces a negative torque effect to decelerate the vehicle speed, and offers a limited-slip differential function.
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JTEKT Corporation
Established in 1921, JTEKT Corporation currently has its headquarters in Osaka, Japan. The company operates through four business areas which includes bearings, steering, machine tools & mechatronics, and driveline. It operates through several locations spread across Europe, North America, Asia, Oceania, and South Africa. In 2016, JTEKT Corporation acquired 922 patents.
Eaton
Founded in 1911, Eaton is presently based in Dublin, Ireland. Eaton is a leading company providing solutions to aviation, automobile, hydraulics, filtration, and electrical sectors. The company operates in over 60 countries and delivers products over 175 countries. In 2016, 68% of the company’s automotive sales were made to nine large original equipment manufacturers.
Drexler Automotive GmbH
Established in 1998, Drexler Automotive GmbH currently has its headquarters in Salzweg, Germany. The company is a leading manufacturer of innovative drive train technology for racing cars, sports, and super sports cars. It supplies limited slip differentials to major OEMs including BMW, Volkswagen, Mercedes Benz, and Ford. The company has sales offices in Australia, New Zealand, Japan, Italy, Austria, the Czech Republic, England, the Netherlands, Russia, and the U.S.
Global Limited Slip Differential Market - Dynamics
Demand for four-wheel drive system with improved traction and enhanced handling experience driving demand for limited slip differential
Presently, four-wheel drive system are gaining popularity across the globe. This is due to their ability to offer excellent grip in slippery conditions, better traction, maximum comfort, improved ride handling experience, and better off-road driving. Moreover, the differential also provides enhanced stability while cornering, starting and acceleration performance, straight line stability, and hill climbing performance are boosting the demand for 4WD systems. This trend is anticipated to continue in the near future, thereby boosting the demand for four-wheel drive system.
Furthermore, increasing demand for SUVs and crossovers due to higher off-road driving activities is likely to boost the four-wheel drive segment, thereby boosting the limited slip differential market.
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Surge in popularity of off-road vehicles and sports cars around the world
Demand for off-road vehicles has been increasing for the last couple of years, owing to rising demand for drive for all types of surfaces such as desert areas, grasslands, rugged terrain, and concrete roads. Moreover, demand for all-terrain vehicles for different applications, such as agriculture, forestry, and mountain ride, is increasing. Off-road vehicles are equipped with limited slip differentials, which provide better traction and ride handling experience. This is anticipated to augment the limited slip differential market in the near future.
Electric vehicles consisting of motors at each wheel to restraint limited slip differential market
Majority of electric vehicles are integrated with a single electric motor, which generates power and distributes it via the differential. However, a few electric vehicles have separate motors for each wheel, which eliminates the need for a differential. New electric cars manufactured by top auto manufacturers use this technology. This is likely to hinder the limited slip differential market in the near future.
Optical Sensor Market to reach US$ 3.2 Bn by 2027
Global Optical Sensor Market: Introduction
Transparency Market Research delivers key insights on the global optical sensor market. In terms of revenue, the global market is estimated to expand at a CAGR of ~11% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights in its report on the global optical sensor market.
Optical sensors convert light into electric signals. They measure the physical quantity of light and convert light into a form that can be interpreted by an instrument. An optical sensor is connected to an electric trigger that can react as per changes in the signal. Optical sensors have the ability to measure changes in the wavelength of light. Optical sensors work by using either the single-point method or the distribution point method. In the single-point method, change in the single phase is required to activate the optical sensor. In the distribution point method, the sensor is reactive in series.
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Optical sensors have evolved significantly since their introduction 40 years ago. Technological advancements over the last decade have resulted in the development of optical sensors that are suitable to function at a wide range of wavelengths, from ultraviolet (UV) to infrared (IR).
The global optical sensor market is witnessing significant advancements and innovations. Due to this, the market is expected to expand at a significant rate during the forecast period. Significant increase in the demand for optical sensors for use in a wide range of applications is another factor boosting the global optical sensor market. Optical sensors are employed in various applications such as oil & gas, border security, and smart homes.
Global Optical Sensor Market: Prominent Regions
North America accounted for a key share of the global optical sensor market in 2018. The region is expected to dominate the global market between 2019 and 2027, owing to the increasing adoption of smartphones, tablets, and consumer electronic products in the region. The U.S. constituted a significant share of the market in North America in 2018. The country witnesses high investments in R&D activities aimed at innovating new technologies, and is also the most technologically-advanced region.
Europe has emerged as the second-largest market for optical sensors across the world. The region is anticipated to hold a considerable share of the global optical sensor market during the forecast period, owing to the increasing adoption of optical sensors in countries of Western Europe and Central Europe, and increased spending on semiconductor production. The rising use of optical sensors in biometric systems is also expected to augment the adoption of optical sensors in Europe in the next few years.
Asia Pacific is anticipated to be a highly lucrative market for optical sensors throughout the forecast period, owing to the growing penetration of optical sensors in developing economies such as China, in the region. Lucrativeness of the market in Asia Pacific is anticipated to increase in the next few years, owing to extensive research and development activities being conducted in the field of pumped optical sensors in the region.
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Key players operating in the global optical sensor market are displaying synergies through close cooperation and collaboration in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increasing production capacity, in order to meet the rising demand.
Global Optical Sensor Market: Key Players
Key players operating in the global optical sensor market are ROHM Co. Ltd, Rockwell Automation Inc., SICK AG, Vishay Intertechnology Inc., Honeywell International Inc., On Semiconductor Corporation, IFM Efector Inc., Keyence Corporation, Pepperl+Fuchs GmbH, STMicroelectronics NV, and Panasonic Corporation.
Industrial Combustion Control Components And Systems Market Scope and Opportunities Analysis 2027
Global Industrial Combustion Control Components and Systems Market: Overview
Industrial combustion control components and systems are primarily used in industries to reduce cost of combustion. It consists of several advanced burners, boilers and other components.
An upcoming Transparency Market Research report on the global industrial combustion control components and systems promises to cover all essential details that could help bolster growth in the future. The report covers key trends, challenges, geographical distribution, and the competitive landscape of the global industrial combustion control components and systems.
Global Industrial Combustion Control Components and Systems Market: Notable Developments
Some of the notable developments in the global industrial combustion control components and systems market are
Alstom, a leading player in the industrial combustion control components and systems market has signed a contract with Harbin Turbine Corporation (HTC). Under this contract, HTC will carry out sales of Alstom’s products in China.
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Similarly, Doosan, another key player in the market acquired local Indian power plant company. This will help the company tap immense opportunities in India.
Some of the predominant players operating in the industrial combustion control components and systems market are Honeywell, Rockwell Automation, Mitsubishi, Applied Control Engineering, Siemens, Thermal Global, Yokogawa Electric, Sigma Thermal and ACL Manufacturing.
Global Industrial Combustion Control Components and Systems Market: Key Growth Dynamics
The global industrial combustion control components and systems market is expected to grow at a noteworthy pace in the years to come. This is mainly because of a surge in demand from industries like power plant, oil & gas and energy & power.
Apart from this, continuous industrial expansion in both developing and developed regions of the globe is another factor expected to fuel the global industrial combustion control components and systems market. Industrial expansion has a directly impact on demand for electricity. And this is will result in greater number of power generation facilities across the world.
However, lack of technological awareness among the consumers is expected to hamper the growth of the global industrial combustion control components and systems market in the coming years.
Owing to this, end user industry leaders and managers are imbibing a sense of reluctance in transition from simple industrial combustion control components to the state of art industrial combustion control systems. Apart from this high costs of installation and maintenance of industrial combustion control components and systems is another factor hampering growth in the market.
Nevertheless, a boom in shale gas due to the modern technology in hydraulic fracturing is expect to provide lucrative avenues for the growth of the market.
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Global Industrial Combustion Control Components And Systems Market: Regional Outlook
Geographically, Asia Pacific is expected to hold maximum share in the industrial combustion control components and systems market during the forecast period. This is mainly because of the substantial increase in the demand of industrial combustion control components and systems from the countries such China and India. Both these countries have planned to invest heavily on growing their power generation capacities in their on-going five year plans.
Apart from this, independent power producers in the region is also making significant investments in power plants. This is expected to boost the industrial combustion control components and systems market in the region.
Plasma Cutting Machine Market Current Trends and Future Aspect Analysis 2027
Global Plasma Cutting Machine Market: Overview
Plasma cutting machine are special machines used to cut steel and other metals into numerous shapes and sizes. It mainly consists of a plasma arc and a high-speed stream. A gas stream is passed into the material and then compressed and ionization the material at a high power. This offers a precious cutting in the industry.
An upcoming Transparency Market Research report on the global plasma cutting machine market promises to cover all essential details that could help bolster growth in the future. The report covers key trends, challenges, geographical distribution, and the competitive landscape of the global plasma cutting machine market.
Global Plasma Cutting Machine Market: Notable Developments
Some of the notable developments in the global plasma cutting machine market are;
Key players in the global cutting machine market are providing a range of specialized plasma cutting machine for different application. This is expected to swell demand in the market.
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Key players operating in the plasma cutting machine market include Hypertherm, Komatsu, AJAN ELEKTRONIK, C&G Systems, SICK, Hornet Cutting & Systems, Kjellberg Finsterwalde, Farley Laserlab, and JMTUSA. These players are adopting several strategies to strengthen their market position.
Global Plasma Cutting Machine Market: Key Growth Dynamics
The global plasma cutting machine market is anticipated to grow with a significant pace expansion during the coming years. This is mainly because of the factors such as increasing integration of the mechanical tools with the biochemistry. Such advancements have made it possible to develop tools technologically advanced high-definition systems. This is expected to fuel the growth of the plasma cutting machine market in the coming years.
Apart from this, rising penetration of industrial automation in the global market is projected to provide an impetus to the plasma cutting market in the forecast period. There has been a significant rise in the demand of plasma cutting machine due to growing demand for high quality equipment in the industries.
In addition to this, factors such as rapid rise in population and globalization is another factor expected to bolster growth in the global plasma cutting machine market.
Plasma cutting machine is primarily used in cutting of gratings, bevel and hole and plasma gouging. The rise in demand of all the mentioned applications of plasma cutting machines is likely to fuel growth of the global plasma cutting machine market. For instance- Bevel cutting is used to increase the surface area and to make the edges strong and secure to weld. The increasing use of metals and alloy in commercial and non-commercial application is a strong factor expected to expand the market for plasma cutting machine market.
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Moreover, shortage of labor is another major factor that propel companies opt for automated technologies. This is because these tools ensure better functioning. The technology has better accuracy and increased output. All these factors are expected to bode well for market growth.
Global Plasma Cutting Machine Market: Regional Outlook
On the basis of region, Asia Pacific is expected to hold maximum share in the global plasma cutting machine market during the forecast period. This is mainly due to growing industrialization in the region. Apart from this, several end use industries are replacing traditional cutting machine with plasma cutting machine owing to their higher performance and efficiency.
VOC Gas Monitor Market Latest Trends and Future Growth Study by 2027
VOC Gas Monitor Market - Introduction
VOC, or volatile organic compounds, are organic chemicals at normal room temperature and it has high vapor pressure. Volatile organic compounds gas detector devices are used to detect concentrations of various types of VOC gases in the air. The application of these gas detectors is expected to increase in the near future, due to more and more severe principles chief emission standards. Volatile organic compounds (VOCs) gas detectors are easy to use and ideal for measuring formaldehyde (HCHO) levels and total volatile organic compound (TVOC) levels in laboratories, factories, offices, indoor environments, hotels, and schools.
VOC Gas Monitor Market – Competitive Landscape
In August 2018, Honeywell International Inc. introduced a new line of addressable smoke and heat detection devices in order to comply with the upcoming building code changes and to improve fire detection
Siemens AG
Incorporated in 1847, Siemens AG is presently based in Munich, Germany. The company engages in the production and supply of systems for power generation, power transmission, and medical diagnosis. Siemens AG operates through the following business segments: wind power and renewables; power and gas; building technologies; energy management; mobility; process industries and drives; digital factory; healthcare; and financial services. The company offers products, solutions, and services for medical imaging and laboratory diagnostics; power generation, oil & gas production and transportation; transmission and distribution; industrial technologies and automation systems; infrastructure and building technologies; mobility and logistics solutions.
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ams AG
Founded in 1981, ams AG is headquartered in Premstätten, Austria. The company develops and manufactures analog semiconductors, sensor interfaces, sensors, power management and wireless solutions. It operates through the following segments: consumer, non-consumer, and foundry. AMS’s products include audio systems, smart light management, spectral sensing, environmental sensors, CMOS imaging sensors, light sensors, and medical imaging and magnetic position sensors.
AlphaSense, Inc.
Incorporated in 2011, AlphaSense, Inc. is currently based in New York, U.S. The company provides web search engine for financial and knowledge professionals.. The company’s search database covers its client’s in-house content as well as external resources through multiple channels. The company is specialized in company research, investment research, semantic search, and competitive intelligence.
Honeywell International Inc.
Founded in 1906, Honeywell International Inc. is presently based in Charlotte, North Carolina, U.S. It is a software technology and manufacturing company, which offers solutions specific products and services provided by aerospace and automotive industries. The company specializes in turbochargers control, sensing and security technologies for homes and buildings; process technology for refining and petrochemicals; electronic and advanced materials; specialty chemicals; and energy efficient products and solutions for homes, business and transportation. It operates through the following business segments: performance materials and technologies; aerospace; home and building technologies; and safety and productivity solutions.
Drägerwerk AG
Established in 1889, Drägerwerk AG is based in Lübeck, Germany. The company engages in the development, manufacture, and sale of medical and safety products, gas detection, and analysis systems. The company possess over 14,000 employees and has presence in more than 190 countries across the world.
Significant players operating in the VOC gas monitor market are Aeroqual (New Zealand), Extech Instruments (U.S.), GDS Corporation (U.S.), and Ushio, Inc. (Japan).
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VOC Gas Monitor Market - Dynamics
Expansion of water and wastewater treatment industry drives VOC gas monitor market
Expansion of the VOC gas monitor market can be attributed to the expansion of water and wastewater treatment industry. The social and economic structure of society is witnessing significant transformation, from an agricultural-based society to an industrial society. This transformation has led to a surge in the standard of living and production of goods in order to cater to the demand, which in turn has led to an increase in the consumption of water. VOC gas monitors are increasingly being employed for water and wastewater treatment to meet the rising demand for consumable water.
Application Analytics Market Demand, Insights and Forecast up to 2024
Global Application Analytics Market: Snapshot
The expansion in the applications analytics in the worldwide market is for the most part because of the ascent in the exchange of colossal information or IoT, expanding portable and cloud innovation reliance, and surging demand for application examination for applications in business. The utilization of the application examination in the business application has utilized the worldwide market. The development in the information amount through the channels, for example, IoT, portable registering, PCs, web-based social networking, and others fuel the worldwide application examination market. The worker information and finance process digitalization drive the development of the worldwide market. The different undertakings are using the investigation energy to make enhance the quality, ongoing choices, and the developing benefit of the association.
Global Application Analytics Market: Drivers and Restraints
Purchasers want to improve business operations and distinguish business chance are the central point which are foreseen to fuel the application analytics market to become over the years to come. Also, current business issues make new open doors for associations to end up plainly more investigative and information driven, which is therefore anticipated that would actuate the development of the application analytics market amid the conjecture time frame. Aside from this, developing interest for prescient analytics by organizations is likewise a central point anticipated that would fuel the development of this market over the conjecture time frame. In any case, the absence of consumer awareness and programming dealing with is one of the main considerations limiting the development of the application analytics market. Moreover, the absence of ongoing calculations is likewise a main consideration that hampers the worldwide application analytics market's development.
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The augmenting multi-faceted quality of conventional business operations and an ascent in the quantity of server farms the world over are main considerations anticipated that would give gigantic chances to the worldwide application analytics market amid the gauge time frame.
The significant difficulties for the application analytics market incorporates absence of upgraded expository capacities among IT staff and difficulties in conveying more reasonable and versatile execution to customers.
Global Application Analytics Market: Market Potential
The primary flood of movement in this area has just been led by any semblance of Microsoft, Apple and Google in the "home computerization" circle. Applications that can consistently adjust to brilliant gadgets in the endeavor to screen and control local power utilization that drives apparatuses, electric attachments, lighting, warming/cooling; will go far in making a noteworthy separated preferred standpoint. Progressively, the IoT idea will turn out to be all-inescapable; giving organizations the chance to be a piece of an exceedingly associated, instinctive and easy to understand existential environment. Albeit modern at many levels, IoT fueled by shrewd gadgets and important applications will shape the spine for the following flood of mechanical leaps forward.
Global Application Analytics Market: Regional Analysis
North America is foreseen to see prospering development in the worldwide application analytics market and is expected to proceed with its matchless quality over the estimate time frame in the worldwide application analytics market. The application analytics market in North America is continuously developing, particularly in the U.S., attributable to variables, for example, innovation advancements and expanding interest in the field of analytics. These variables are foreseen to fuel the development of the application analytics market in North America. Notwithstanding, Asia Pacific is likewise assessed to witness positive over the coming years.
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Global Application Analytics Market: Vendor Landscape
The market is seeing extraordinary rivalry among the current merchants and furthermore with the new contestants. The extraordinary rivalry and the declining overall revenues constitute noteworthy hazard factors in the providers' operations. With the expanded rivalry, the industry has been seeing union, with smaller players being gained by or converged with significant players. The opposition among substantial open-source undertaking portability arrangement suppliers is likewise getting to be noticeably extraordinary with the section of unadulterated play venture versatility arrangement suppliers in the market space.
Some of the leading players of the global application analytics market include SAS, IBM, Oracle Corporation, Adobe and Google Analytics.
Sports Gun Market – Global Industry Analysis, Size, Share, Growth, Forecast 2024
The two top players raked in a mammoth share of 77% in the global sporting guns market in 2015. Smith & Wesson Holding Corporation and Strum, Rugner & Co. have held a dominant position in the global market due to their international presence and an unwavering brand value. Transparency Market Research states that the companies design, manufacture, and sell products that will have innovative technologies. “Strum, Rugner & Co. is focused on developing sporting guns with lean methodologies for effective fulfillment of the demand,” states the lead author of this research report.
According to the research report, the global sporting guns market is expected to be worth US$2.3 bn by the end of 2024 as compared to US$1.6 bn in 2015. During the forecast years of 2016 and 2024, the global market is anticipated to progress at a CAGR of 3.9%.
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Demand for Competitive Shooting Guns Rises with Sporting Events
Geographically, North America is projected to lead the global market as the region is estimated to account for a share of 49.3% by the end of 2024. The expansion of North America sporting guns market will be attributable to the booming rise of participation in a wide range of sporting events that use sporting guns. This trend is also expected to impact the sales of competitive shooting guns, which are projected to skyrocket in the coming years. The research report anticipates that the competitive shooting guns segment will acquire a share of 43.9% by the end of 2024.
Benefits of Shooting as a Sport Coax Many to Invest in Sporting Guns
The growing participation in competitive sports such as the Olympic Games has augmented the demand for sporting guns in recent years. The rise of several games that involving shooting are anticipated to play an integral part in the growth of the global market. Games such as paintball shooting are also adopting sporting gun or recreational guns. The rising awareness about benefits of participating in shooting games such as improved concentration, enhanced eyesight, and sharpened focus and precision is also coaxing several people to take up shooting as a sport.
The growing popularity of shooting games across Western Europe and North America have provided an international platform for several participants. The sheer difficulty of the sport has created a demand for technologically sound products that are designed with unmatched logic and perfect mathematical calculations. Analysts anticipate that the growing inclination toward shooting as a sport is likely to stir a prolific demand for sporting guns during the forecast period. Furthermore, the ongoing efforts to replace old shooting guns for sports with new and improved ones is also projected to raise the demand for new sports guns. Presently, the U.S. holds a significant share in the overall market and is projected to retain its dominance all throughout 2024.
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Stringent Hunting Laws to Inhibit Market
The global market is being restrained by the increasing cost of manufacturing and the high cost of components that are being used in making sports guns. This has sorely discouraged the shooting community in the Middle East, Japan, and Korea. The demand for sporting guns are also severely dropped in several developing economies in recent years as importing them means paying high tariff rates and manufacturing them means incurring huge expenses. The market is also being stymied by the stringent regulations pertaining to hunting games. The growing worries about prolonged hunting that have brought several animals on the brink extinction has also set the demand for hunting guns on a downward path.
Automotive Damper Market Size, Share & Trend | Industry Analysis Report, 2027
Automotive Damper Market - Introduction
Automotive damper is a mechanical or hydraulic device designed to absorb shock by converting kinetic energy of the shock into another form of energy, which is then dissipated through hydraulic fluid. Dampers for vehicles play an important role while driving during ride handling and are utilized in various parts of a vehicle. They control unwanted spring motion through a process known as dampening. Automotive dampers perform the function with a piston, which moves inside a sealed, oil-filled cylinder during the up-and-down movement of the wheel.
Automotive Damper Market- Competitive Landscape
- In September 2017, Tenneco Inc. showcased a full range of coil spring cabin dampers, air spring cabin dampers, and lateral cabin dampers. The company introduced coil spring over shock (CSOS) and air spring over shock (ASOS) cabin suspensions that varies with mass-spring systems natural frequency to offer optimized robustness and comfort.
Tenneco Inc.
Established in 1930, Tenneco Inc., is based in Lake Forest, Illinois, U.S. It is a leading manufacturer of clean air and ride performance products and systems for the automotive industry across the globe. The company invests 5% of its annual sales in R&D activities.
Magneti Marelli S.p.A
Founded in 1919, Magneti Marelli S.p.A has its headquarters in Milan, Italy. It is an international company that supplies high tech components to all the leading car makers in Europe, North and Latin America, and Asia. Magneti Marelli S.p.A operates through over 89 production facilities and 45 research and development centers (including joint ventures) and has a presence in 19 countries and supplies to all the major OEMs across the globe.
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ZF Friedrichshafen Ag
Established in 1995, ZF Friedrichshafen Ag has its headquarters in Friedrichshafen, Germany. ZF Friedrichshafen Ag is a top tier company that provides chassis technology, active & passive technology, and driveline. The company invests about 6% of its sales in R&D, ensuring a strong focus on the design and engineering of innovative technologies. It operates in approximately 230 locations spread across 40 countries.
Automotive Damper Market Dynamics
Enhanced driving comfort and dynamics driving demand for automotive dampers
Increased daily commute distances due to expanding cities globally and the desire to ride smoothly to minimize the jerks on rough surfaced roads are expected to propel the demand for automotive dampers during the forecast period. Progress and expansion in the field of improved ride handling, vehicle cornering stability, and turn off response are expected to boost the automotive damper market during the forecast period. Dampers make driving more comfortable as they reduce the jerks experienced on unsurfaced roads. Rising adoption of dampers in vehicles is primarily due to increasing concerns and awareness about road safety while navigating unsurfaced or bumpy roads.
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Provides permanent adjustment in suspension and reduces jerk
Potholes and bumpy roads create challenges for vehicles in terms of comfort and ride safety. Moreover, driving and dynamics of the vehicle gets disturbed while changing the lane in conjunction with jerks. Unwanted vibration experienced by the vehicle decreases riding comfort and stability. Automotive dampers improve stability and safety on uneven roads and thus make the ride more comfortable. This is anticipated to boost the demand for automotive dampers.
Construction Equipment Market Will Generate New Growth Opportunities By 2027
Global Construction Equipment Market: Overview
The world is developing aggressively today. Governments are investing a huge amount in building major infrastructures. These construction projects cost millions of dollars and have high significance in the development of the area. To construct the project successfully, the players need durable and strong equipment that can bare the heavy load. This growing requirement is major causes that is booting the growth of global construction equipment market from 2019 to 2027. Additionally, the demand for high altitudes and heavy lifting cranes are also some of the factors responsible for propelling growth of global construction equipment during the projected duration.
A recent report by Transparency Market Research provides in-depth analysis of the global construction equipment market. The report provides a broader picture of the market helping the players to make better decisions. The insights from the report allows the players of global construction equipment market to have knowledge about the trends and dynamics of the construction equipment market helping them to gain sustainability in the duration of the 2019 to 2027.
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Global Construction Equipment Market: Notable Developments
Currently, the global construction equipment market is highly competitive and fragmented. This nature of the market is the result of the presence of several prominent players that dominates the dynamics of the global construction equipment market. This competitive nature of the market makes the entry of new players quite difficult. To overcome this challenge, the players are adopting strategies such as, collaborations, and partnerships, which allow them to gain sustainability in the global construction equipment market.
On the flip side, the established players are acquiring several small and medium businesses. These acquisitions provide access of resources of the acquired companies to the parent company. With this advantage, the players can expand their field of operations like production and distributions. With the help of this strategy, the players can achieve a better success than before.
- In 2018, Komatsu acquired Quadco and Southstar Forestry Attachment Operations from a Canadian company, Prenbec Equipment at Canada. This allowed the company to gain access to wide variety of forestry equipment that can be used in various construction projects. This allowed the company to also use resources such as distribution channels of both the organizations. With this acquisition, Komatsu can gain a significant edge over its rivals in global construction equipment market in coming years.
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Global Construction Equipment Market: Key Drivers
Complex Projects Require Heavy Machineries
Long gone are the days when just erecting a multi-story building was considered as a marvelous job. Today the world need advanced buildings, radical designs, and height has just become a number for the construction companies. These demands call for advanced machinery that can come in handy during multiple projects. This as a result allow the players to manufacture stronger, durable, and heavy duty construction equipment. Due to these growing demands the global construction equipment market is gaining a major momentum from 2019 to 2027.
Growing Adoption of 5-Emmision Regulation
The demand for clean and hybrid engines has increased exceptionally these days. The companies are developing new cranes that can lift extremely heavy load to miles above the ground, moreover, the increasing design of the buildings also plays an important role in the development of global construction market from 2019 to 2027.
Bridal Gowns Market – Global Industry Analysis, Size, Share and Forecast 2017 – 2022
For years, there has been a steady spending on bridal gowns as they are considered a vital part of wedding dresses, witnessed in their substantial demand in traditional wedding salons. The demand for bridal gowns is rising, accentuated by the belief that wedding is once-in-a-lifetime experience for families and brides need to look magnificent. This has accelerated the global spending on bridal outfit. A burgeoning wedding market in various developing and developed countries is reflecting positively on the growth of the bridal gown market. In addition, the recurrent belief in the sanctity and institution of marriage among various cultures is a key factor bolstering the spending on wedding. The extensive launch of bridal gowns with exotic designs and innovative styles in recent years has helped brides get a harmonious, majestic look thereby bolstering their demand.
The bridal gowns market is projected to rise from a valuation of US$32,454.2 Mn in 2017 to reach US$43,502.8 by the end of 2022. The market is estimated to expand at a CAGR of 6.0% during the forecast period of 2017–2022.
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An elaborate assessment of various factors and trends impacting the growth of the bridal gowns market are:
The rising spending on bridal wear in various cultures world over and the marketization of marriages, fueled by lavish spending on wedding, are key factors driving the bridal gowns market. A large number of millennials constantly entering the marriageable age, combined with the rising spending on bridal outfits, is a key factor fueling the demand for bridal gowns world over.
The entry of online retailers in the market, supported by a burgeoning e-commerce, is expected to be a game-changing strategy for bridal as well as non-bridal companies as they seek to bridge the gap between mass markets and traditional salon experience. The rising relevance of online shopping experience for brides is attributed to some unique benefits they confers on them, such as in expediting the overall marriage planning process. To add to this, the presence of a centralized distribution facility of online retailers may in various parts of the world be an attractive proposition for buyers of bridal gowns. The launch of exotic bridal wear by online retailers is further providing a robust fillip to the market.
The influx of low-priced bridal gowns may hamper the revenue margins of various retailers. In addition, a growing number of cultures that dissuade lavish spending on weddings is a key factor impeding the demand for bridal gowns. Nevertheless, bridal gowns with innovative designs and styles are capturing the attention of a rising millennial population. This is expected to open up exciting avenues in the coming years.
Geographically, Asia Pacific excluding Japan (APEJ) is expected to be the most promising market for bridal gowns holding the dominant revenue. The regional market is projected to be worth US$13,529.3 Mn by the end of 2022. The rising spending on bridal wear in various cultures as a part of wedding and a rapidly growing disposable incomes of populations in emerging economies are key factors expected to accentuate the APEJ market.
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The major styles of bridal gowns are ball gowns, mermaid-style dresses, trumpet dresses, A-line dresses, sheath wedding dresses, and tea-length wedding dresses. Of these, ball gown is projected to be the most promising segment with its valuation estimated to be US$11,416.2 Mn by the end of 2022.
Competitive Dynamics
Several players are experimenting with unique workmanship, innovative designs, and better fabrics to design elegant and sophisticated bridal gowns, in order to gain a better foothold in the market. The entry of numerous players is expected to intensify the competition over the years. Some of the leading players operating in the market are Kleinfeld Bridal Corp., David’s Bridal, Inc., Elie Saab France, Harrods Limited, JLM Couture, Inc., Justin Alexander, Inc., Maggie Sottero Designs L.L.C., and Moonlight Bridal Design, Inc.
Vehicle Drone Headlights Market Trends, Share, Scope, and Research Insights by 2027
Flexion Tires: Introduction
- Audi AG launched drone headlights for its electric vehicle concept car called Audi AI: Trail at Frankfurt, Germany
- The vehicle drone headlight is a rotor-less battery-powered drone with LED lamps which hovers above the vehicle to light the path ahead
Key Drivers and Restraints of Global Vehicle Drone Headlights Market
- Many technological advances have taken place in the vehicle headlights. The automotive industry has shifted from Halogen lights to Xenon lights and now to LEDs in order to attain proper lighting. The automakers have taken considerable efforts in adjusting beam angles and designing sharper cuts with conventional low beam-high beam headlights. However, this has caused insufficient lighting or brighter lighting, thereby spurring the development of advanced technologies such as vehicle drone headlight.
- According to a study conducted by Insurance for Highway Safety (IIHS) in 2017, the conventional headlights do not provide sufficient light to many vehicles going at 55 miles/hour during night to be able to spot an obstacle and stop in time. Therefore, drone headlights which illuminate the path beforehand and also display the road ahead can alert the driver and prevent the mishap.
- Over the years, the automakers and headlight manufacturers have been working to effectively minimize the glaring and lower the reflectance of the headlights to reduce the safety hazard caused to the oncoming drivers. The vehicle drone headlights eliminate the glare caused by the headlights as they illuminate the road from above and hence, would be readily accepted by the automakers to improve the safety rating.
- The drone headlights prove imperative in off-road driving. Rise in sales of SUVs and light trucks and increase in consumer interest toward off-road touring are anticipated to drive the vehicle drone headlights market.
- Rise in consumer affordability has improved the off-road touring activities and adventure tours. Further, development of the technology and consumer awareness are expected to boost the vehicle drone headlights market.
- The vehicle drone headlights, being a highly advanced product, would add up to the vehicle cost. The auto manufacturers would not find it viable to offer the drone headlights in entry level vehicles, thereby restricting its market to luxury and ultra-luxury vehicles. However, development of technology and reduction in the price could spur their adoption in lower vehicle classes.
Passenger Vehicle Segment to Witness High Demand
- Since large number of passenger vehicles is used in off-roading, the passenger vehicle segment is expected to lead the vehicle drone headlights market. Rise in sales of luxury and premium vehicles is also expected to expand the vehicle drone headlights market.
OEM Segment to Hold Leading Share of Global Vehicle Drone Headlights Market
- Vehicle drone headlights are highly technologically advanced products and need in-vehicle communication system, GPS, and other connectivity solutions. Thus, vehicle drone headlights would be OE fitted and sold with new vehicle sales during initial stage of the market. Aftermarket sales of the vehicle drone headlight would become more feasible on connected vehicles and high-end premium vehicles which have advanced features and connectivity solutions.
North America to Lead Global Vehicle Drone Headlights Market
- In terms of region, the global vehicle drone headlights market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is expected to dominate the vehicle drone headlights market, owing to high sales of pick-up trucks and SUV’s in the region and high consumer interest in off-road activities and tourism
North America is expected to be followed by Europe. Vehicle drone headlights are expected to be first adopted in North America and Europe, owing to high price & high consumer acceptance for advanced technological products in these regions.
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Key Manufacturers Operating in Global Market
The global vehicle drone headlights market was highly fragmented in 2018. The vehicle drone headlights are not yet commercially launched but are in their preliminary stage as developed by the mentioned company:
- Audi AG
Marine Mining Vehicle Industry Trends, Competitive Landscape and Forecast by 2027
Global Marine Mining Vehicle Market - Introduction
- The Earth’s sea bed is a prominent uncharted region that offers significant potential for mining operations. High underwater pressure and depth of seas previously made it impossible to cover larger areas for mining underwater in seas. Advancements in automotive autonomous vehicles, i.e. driverless vehicles, have enabled the exploration of the seas for potential mining areas without endangering lives.
- The bottom of the ocean is expected to be the future provider of precious metals and other resources. Marine mining is overseen by International Seabed authorities, and the profits are allocated to the country which owns the mining zone. These factors point toward a lucrative market for marine mining vehicles.
Key Drivers of Global Marine Mining Vehicle Market
- Rise in need for metals and minerals is attributed to expansion of various industries such as construction, automotive, electronics and telecommunication, transport and shipping. Moreover, manufacturing and production have expanded in developing and developed countries such as the U.S., Germany, Japan, China, India, and Malaysia. These factors put a strain on existing mining industries and resources. For instance, the World Steel Association has forecasted that the global demand for steel would rise to 1737 Mt by the end of 2019, which is likely to be 1.3% higher than that in 2018. Furthermore, demand is projected to continue to rise in the near future. This prompts the need to search new mining sites for steel and other materials, underwater, in deep seas. This, in turn, is estimated to fuel the demand for marine vehicles that enable exploration of the seabed and consequently, drive the market.
- Demand for luxury consumer goods, automobiles, electronic gadgets, and smartphones has increased owing to increased disposable income attributed to economic development across the globe. This rise in demand directly propels the demand for metals and minerals used in production. Additionally, developing nations, such as Malaysia, China, and India, attract FDIs and domestic players for investment in technology and economic development. These factors mentioned above fuel the marine mining vehicle market.
Possibility of electronic equipment failure hampers market
- Autonomous marine vehicles and other marine vehicles used for mining are equipped with numerous electronic devices and equipment. These devices are battery operated and may malfunction in case of battery failure, which may lead to failure of vehicle during exploration or underwater mining operations. This factor restrains the marine mining vehicle market.
Environmental uncertainties
- Environmental uncertainties such as terrains, temperature, and underwater pressure, have led to a majority of the sea bed remaining unexplored, which in turn is prompting governments and regulatory authorities worldwide to enact stringent regulations.
- These regulations are likely to hamper the market.
Marine mining vehicle market in Asia Pacific to expand significantly
- Significantly high population in Asia Pacific drives the requirement for accommodation and transportation, which propels construction and automotive industries in the region. Moreover, demand for consumer goods, electronic gadgets, life utility tools is increasing in the region.
- Countries in the region are exploring oceans for possible sources in order to cater to the rising demand for metals and minerals. Various countries in the region are approaching the International Seabed Authority to obtain exclusive rights for seabed exploration and mining. For instance, The International Seabed Authority has entered into 15-year contract with 29 contractors worldwide for exploration of polymetallic nodules, polymetallic sulphides, and cobalt-rich ferromanganese crusts in the deep seabed. These factors mentioned above are projected to drive the marine mining vehicles market in Asia Pacific in the near future.
Key players operating in global marine mining vehicle market:
The global marine mining vehicle market is highly concentrated with top manufacturers. A few of the key players operating in the global marine mining vehicle market are:
- LLC
- Ocean Minerals
- Nautilus Minerals
- DeepGreen Metals Inc.
- Royal IHC
- Soil Machine Dynamics Ltd
- Nautilus Minerals Inc.
Electromagnetic Flow Meter Market – Scope in Non conductive Liquid to boost Uptake
The demand within the electromagnetic flow meter market is expanding at the back of improvements in the intrinsic industrial framework. In other words, several industries have revolutionized their approach towards operations and manufacturing. Industry decision-makers have laid utmost value on the need for installing cutting-edge equipment and devices within the manufacturing framework. Hence, the use of electromagnetic flow meters has increased across multiple industries. As manufacturing units become more measured in their approach, the demand for meters and gauges is slated to rise. The demand for electromagnetic flow meters shall especially remain high due to the advanced mechanism of these devices.
McCrometer, Inc. recently launched a new mag meter called ‘ProComm’. The meter is capable of conducting advanced flow measurement operations, and could benefit a range of manufacturers in multiple industries.
Transparency Market Research (TMR) tabulates the projected CAGR of the global electromagnetic flow meter market to be 6% over the period between 2019 and 2027. Furthermore, the global value of this market is expected to touch US$ 1.4 billion by 2019. The use of electromagnetic flow meter in the agricultural sector has increased by dramatic bounds.
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Prominence of Mining and Exploration Activities to Aid Market Growth
Investments in mining and exploration are a recurring trend across multiple regions. The viability of a mining site convinces stakeholders to put their money in field projects and operations. The most prominent use of electromagnetic flow meter spans into the mining, oil, and gas industries. Hence, the growth of mining activities shall drive demand within the global electromagnetic flow meter market. Furthermore, the buzz around wastewater treatment has also generated tremendous demand within the global electromagnetic flow meter market. The food and beverages industry has also increased its usage of flow measurement technologies. This factor, coupled with the trust of techies in electromagnetic technologies, shall aid market growth in the years to follow.
Utility of Electromagnetic Meters to Compensate for their High-Power Consumption
Several market experts argue that the large amount of power consumed by electromagnetic flow meters makes them a burden for the end-users. However, the utility served by these devices outruns the pitfalls of high-power consumption. Availability of a diverse range of flow meters to cater to the requirements of multiple industries has aided market growth. It is worthwhile to mention that the flow inside low-filled pipes can only be measured with specialised meters including electromagnetic flow meter. Therefore, the total revenues within the global market is set to touch new heights in the years to follow.
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With a wide portfolio of applications, the global electromagnetic flow meter market is projected to offer attractive growth prospects to market vendors. The pharmaceutical industry is amongst the most nascent users of electromagnetic flow meter, and this trend shall play to the advantage of market vendors.
